Bu the end of the coyrse the students are expected to learn: how to (i) demonstrate their understanding of the extended Keynesian income-expenditure model algebraically and diagrammatically; (ii) explain the creation and role of the Money in the economy; (iii) derive and make use of the the IS and LM curves from equilibria in the asset and goods markets; (iv) derive and evaluate the relationship between prices and income using AS-AD analysis; (v) use economic analysis to evaluate current social and political issues and policies; (vi) apply macroeconomics to current policy issues.